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Slow and surely wins the race. This isn't a mantra that Robert Sillerman and SFX Entertainment abide by. As Music Times has reported during previous weeks, the electronic music promoter has been making frequent purchases and adding to its budding empire, including Made Event (the organizer of New York's Electric Zoo Festival) and Germany's i-Motion last week. The biggest announcement came over the weekend when the company announced that it had purchased a 50 percent ownership stake in Rock in Rio, one of the world's largest music festivals. -
EDM promoter SFX Entertainment purchases Germany's i-Motion in most recent growth spurt
SFX Entertainment has made another move in its growth as the world's largest promoter of EDM-based live music, and this time its looking abroad. The company formally announced Tuesday that it had purchased i-Motion GMBH, the largest electronic music promoter in Germany. -
SFX Entertainment buys Made Event, producer of New York City's Electric Zoo Festival
SFX Entertainment has only been around for around two years, but it knows what it wants and it's going after it. The company, which specializes in promoting and organizing electronic music events, announced Monday that it had purchased Made Event, a powerhouse EDM-based company in the New York City area. -
EDM Concert Promoter SFX Entertainment Goes Public; NASDAQ IPO Draws $260 Million
The commercial value of the EDM industry seems to be high, based on initial reports from the stock market debut of SFX Entertainment. The company, which sponsors concerts and live events exclusively catering to the electronic dance music industry, made its NASDAQ debut on Wednesday.
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